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Oct 3, 2012
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that's a tax cut geared towards the wealthy. wants to give a $250,000 tax cut to multimillionaires, but in order to pay for that, even mitt romney's own economists say we'll have to raise taxes on the middle class. that's exactly what crashed the economy and punished the middle class in the first place. you'll hear the president talk about that tonight, and we shouldn't return to those policies. we have to continue moving forward on the path that we're on. the president is rebuilding this economy in a way that's meant to last, with a strong middle class at its core. the last thing we should do is go back to the policies that crashed the economy in the first place. >> all right. >> that's what mitt romney and paul ryan are promising to do. >> stephanie cutter, we're out of time for the moment. thank you for your time this morning. >> thank you, savannah. >> watch tonight's debate live starting at 9:00 eastern, 6:00 pacific time right here on nbc. at 18 minutes past the hour, here's david. >>> a big trial in italy capturing global
that's a tax cut geared towards the wealthy. wants to give a $250,000 tax cut to multimillionaires, but in order to pay for that, even mitt romney's own economists say we'll have to raise taxes on the middle class. that's exactly what crashed the economy and punished the middle class in the first place. you'll hear the president talk about that tonight, and we shouldn't return to those policies. we have to continue moving forward on the path that we're on. the president is rebuilding this...
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Oct 5, 2012
10/12
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it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ >>> it is time. it is time for the lightning round. we play until we hear the sound and the lightning round is over. are you ready, skedaddy? start with rob in new york. >> caller: how you doing, jim. my question about sketchers? >> sell, sell, sell. it's sink'ing like a stone. i don't want skechers or deckers. > >>>. >> ken in california, what's up? >> caller: thank you for your help and guidance. love your show. jim, a vnbbott labs, is it overbought at this point? >> we were discussing this, i say you can't buy it here, steph. have to let it pull back. let it pull back to the mid 60s, but it is going to split. a great situation, but you're paying up too much right here. fred in new york. fred. >> caller: fred in new york, booyah. cypress semiconductor? >> oh, fred. we can say the same thing about intel. intel yields 4%. i see no reason to own cypress. i want to see the quarter. not a
it will eliminate your monthly mortgage payments and give you tax-free cash from the equity in your home. and here's the best part -- you still own your home. take control of your retirement today. ♪ ♪ >>> it is time. it is time for the lightning round. we play until we hear the sound and the lightning round is over. are you ready, skedaddy? start with rob in new york. >> caller: how you doing, jim. my question about sketchers? >> sell, sell, sell. it's sink'ing like a...
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Oct 7, 2012
10/12
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a 5 trillion dollar tax cut. if you believe that we can cut taxes by 5 trillion dollars, you don't come close to paying for 5 trillion dollars in tax cuts and two trillion in additional military speck. >> let me repeat what i said. i'm not in favor of a 5 trillion dollar tax cut, that he not my plan, my plan is not to put-- >> and there's back checking what that means now. >> mitt romney is going to need to get very, very specific. people are tired of ambu get and he did talk about the deductions and more detail. he's going to need to be prepared with barack obama to come out with this stuff. independent voters are listening. generally independent voters do not like muscling from left to right and right to left. what they're interested in it is solutions. if president obama is going to pick on mitt romney he better well have some forward thinking and explain what he's going to do differently the next four years to make him wore thif of getting reelected. if they are the same policies that 114,000 jobs a month is
a 5 trillion dollar tax cut. if you believe that we can cut taxes by 5 trillion dollars, you don't come close to paying for 5 trillion dollars in tax cuts and two trillion in additional military speck. >> let me repeat what i said. i'm not in favor of a 5 trillion dollar tax cut, that he not my plan, my plan is not to put-- >> and there's back checking what that means now. >> mitt romney is going to need to get very, very specific. people are tired of ambu get and he did talk...
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Oct 7, 2012
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maryland perry hall high school for at least three years and prove they or their parents pay state taxes. opponents say the law would be a financial burden on the state. they collected signatures to force the issue on to the november ballot. a recent poll of more than 800 registered voters found that 58% support the measure and 34% oppose it. >> hundreds of volunteers were hard at work in baltimore saturday for the annual day of service. the annual ricky myers day of service is run by the non-profit civic works, the 10th year for the event. volunteers helped plant gardens, clean up parks and sort through donated goods. >> the main focus of our day and focus of ricky myers life was to celebrate volunteerism and that's what makes a day like today when 400 of us get together really special. >> since its inception, close to 30,000 people have volunteered with civic works. 7:06 and 51 degrees at the airport. a new study reveals pot use his increased among teens. >> and an army veteran thought he was a shoo-in for a new position. coming up, the policy that kicked him out of the running. >> and
maryland perry hall high school for at least three years and prove they or their parents pay state taxes. opponents say the law would be a financial burden on the state. they collected signatures to force the issue on to the november ballot. a recent poll of more than 800 registered voters found that 58% support the measure and 34% oppose it. >> hundreds of volunteers were hard at work in baltimore saturday for the annual day of service. the annual ricky myers day of service is run by the...
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yeah yeah i think he he was he was certainly enlarging the truth on his tax plans and on what he was saying about obamacare medicare he has got some explaining to do over the coming days and weeks because he this is one of the problems with romney that he does play fast and loose with the fact sometimes it's government trouble before i think the question is how hard you are on him on these you know how how serious those mistakes are and where the you concentrate more on the style of barmah because that's what he's now got to make up rather than getting too wonky again to sort of pointy headed academic but sure there's got to be there's going to be some explaining and also you know the the big difference in. their present facts is that a farmer is still trying to help the less well off and romney is trying to help the better better off that fact needs to be delineated i don't know whether you would agree with that maybe used you all i mean rather than saying aided by romney's you know his newfound affection for the no i think it's a very good point rachel do you want to handle that i
yeah yeah i think he he was he was certainly enlarging the truth on his tax plans and on what he was saying about obamacare medicare he has got some explaining to do over the coming days and weeks because he this is one of the problems with romney that he does play fast and loose with the fact sometimes it's government trouble before i think the question is how hard you are on him on these you know how how serious those mistakes are and where the you concentrate more on the style of barmah...
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your taxes are going to go up. this is something the romney campaign said over and again is not true but he doesn't go out and vociferously prove that is not true. >> exactly. it shouldn't even be the discussion at this point. the discussion should be that he is not going to permit president obama to raise taxes. he is not going to permit president obama to continue to swell the scale of government and, crush generations of unborn americans. that should be his focus. instead he is talking about tax expenditures and how to close loopholes and broadening marginal tax rates while reducing them. a lot of people are going, what the hell is he talking about? and in fact he needs to get focused now. melissa: here's my question because you're not the only one saying this. >> i know that. i know that. i hate it when i'm not original. melissa: maybe you said it first. >> no, i didn't. >> so is no one saying this to the romney campaign? are they just not hearing it? where is the diskoshth because it is obvious to all of us ou
your taxes are going to go up. this is something the romney campaign said over and again is not true but he doesn't go out and vociferously prove that is not true. >> exactly. it shouldn't even be the discussion at this point. the discussion should be that he is not going to permit president obama to raise taxes. he is not going to permit president obama to continue to swell the scale of government and, crush generations of unborn americans. that should be his focus. instead he is talking...
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financial networks that have all of this capital of aiding taxation we have to have a tobin tax and we'll find actual and currency transactions and we need to jack wages up in line with productivity that's something we haven't done for the past forty years labor has just not received its share of productivity consequently what we've had to do is we've had to rely on credit whether it be in the public sector or in the private sector to purchase all of the goods that we can produce it would be a travesty and i would even say it's the height of stupidity to just try incur tale demand at a time when we're not soaking up all of the productive capacity that we have already you know peter it's interesting to note already noted in this program is that the rich have just gotten richer but i don't see anything coming from them to give something back from a system that's made them so fabulously rich but no they just want to get richer and richer. you know but that's well to me what this country was based on and i think it's how else do you progress i think you know one of the things i look at
financial networks that have all of this capital of aiding taxation we have to have a tobin tax and we'll find actual and currency transactions and we need to jack wages up in line with productivity that's something we haven't done for the past forty years labor has just not received its share of productivity consequently what we've had to do is we've had to rely on credit whether it be in the public sector or in the private sector to purchase all of the goods that we can produce it would be a...
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Oct 5, 2012
10/12
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his tax cut wouldn't be anywhere near that size. >> so you're disputing the size of the tax cut? or are you disputing also how he's going to pay for it? >> we're disputing the size. >> erin, he has campaigned on lowering tax cuts by 20% for everybody, including those in the top 1%. that was one of the main selling points in the republican primary. >> so you're saying if you lower them by 20% you get a $5 trillion tab, right? >> it's a $5 trillion tab. >> but when he closes deductions he won't be anywhere near $5 trillion. that's our analysis. >> well with, okay, stipulated, it won't be near $5 trillion, but it's also not going to be the sum of $5 trillion in the loopholes that he's going to close. it is going to cost someone and it's going to cost the middle class. independent economists have taken a look at this. there aren't enough deductions for those at the top to account for the number of tax cuts that they get because of mitt romney's policies. you have to raise taxes on the middle class, as bill clinton says, it's simple math. >> they'll say, though, that you can do that.
his tax cut wouldn't be anywhere near that size. >> so you're disputing the size of the tax cut? or are you disputing also how he's going to pay for it? >> we're disputing the size. >> erin, he has campaigned on lowering tax cuts by 20% for everybody, including those in the top 1%. that was one of the main selling points in the republican primary. >> so you're saying if you lower them by 20% you get a $5 trillion tab, right? >> it's a $5 trillion tab. >> but...
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a business it's very difficult to run a business if you're successful in business they're going to tax you to death and in the meantime they're all running absolutely ridiculous communist era sized socialist states the truth is western europe is bankrupt it cannot afford the howard government be the major economic actor in the system and therefore just as we saw russian communism collapsed so too we're seeing the death of western european socialism. u.k. prime minister david cameron has warned that he would veto the e.u.'s new budget if necessary he suggested the e.u. should have two separate budgets one for countries which use the euro and one for those who don't later economic historian professor robert skidelsky tells our see that london is quite used to blaming others for its own economic troubles. the sad fact is that the british economy has been shrinking slowly almost for a year now rather like a very slowly leaking balloon and the government of been trying in one or two small ways to give it a bit of a stimulus one thing is that they're blaming everyone but themselves per schoo
a business it's very difficult to run a business if you're successful in business they're going to tax you to death and in the meantime they're all running absolutely ridiculous communist era sized socialist states the truth is western europe is bankrupt it cannot afford the howard government be the major economic actor in the system and therefore just as we saw russian communism collapsed so too we're seeing the death of western european socialism. u.k. prime minister david cameron has warned...
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if taxes are increased and the government cuts down spending that is deflationary. if they don't do it and people don't have money the government will continue to spend and that means the debt which is projected by the budget office in the united states by 2020 will rise to $25 trillion. but the borrowing cost on the government that because the rest of the world is going to hell and people are terrified borrowing costs are cheaper than it has ever been. what is going to happen in my prediction is the u.s. will be downgraded on the debt because nothing is being done. the debt is 105 and went for the downgrade and interest rates were lower than in the meltdown of 2008. the problem with the bears is a they are going to be right sunday but have been wrong since the dow was at 6800 in march of 2009. >> who cares about the debt? the fiscal cliff is a non event. if the republicans get in they will keep taxes low in exchange for raising the debt ceiling. of democrats get in they will do the opposite so we will have low taxes and raise the debt ceiling it and who cares? we w
if taxes are increased and the government cuts down spending that is deflationary. if they don't do it and people don't have money the government will continue to spend and that means the debt which is projected by the budget office in the united states by 2020 will rise to $25 trillion. but the borrowing cost on the government that because the rest of the world is going to hell and people are terrified borrowing costs are cheaper than it has ever been. what is going to happen in my prediction...
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romney repeatedly insisted he was not advocating a big tax cut. in fact, he declared unequivocally that he would not cut taxes at all if they added to the deficit at all. now, as "the washington post" reporter checks out, for two years romney has been campaigning on a tax cut that would cost around $5 trillion over ten years. romney said he would eliminate deductions and cut spending to pay for it. he never offers details. he did say he would cut funding for public broadcasting which was 0.01% of federal spending in 2012. medicaid was 0.13%. romney also spoke in favor of regulations including much of the dodd/frank bill and he repeatedly held up as a model his health care plan in massachusetts which has added center the individual mandate and on which obama care is based. romney's transformation did not happen overnight. the candidate has been reworking his stump speech. in a very smart analysis, npr pointed out romney has a five point stump speech. the first four points are actually identical to obama's stump speech. two, domestic energy, three,
romney repeatedly insisted he was not advocating a big tax cut. in fact, he declared unequivocally that he would not cut taxes at all if they added to the deficit at all. now, as "the washington post" reporter checks out, for two years romney has been campaigning on a tax cut that would cost around $5 trillion over ten years. romney said he would eliminate deductions and cut spending to pay for it. he never offers details. he did say he would cut funding for public broadcasting which...
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Oct 2, 2012
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pairs with it fast tax legislation tax reform. it replaces the discretionary cuts across the board with longer term reductions in mandatory spending. it would be nice to see the senate come up with sending to go to conference and hammer this out. that is a way to do this. the tax reform, as i mentioned will be really hard. on february 3rd of next year, the 16th amendment, that is my birthday, so everyone write it down, the 16th amendment will be 100 years old. that's what gave us income tax. our income tax is 100 years old. in those 100 years we have had less than a handful of comprehensive reforms. so the notion we're going do that in a lame duck is insanity. it is going to be hard to do to begin with. i think we ought to acknowledge that. grease the skids as much as possible. extend current policy commit to doing tax reform and get it done in 2013 because it is part of what is necessary for us to thrive economically over the long term. >> can i make a comment on that? doug is really knocking down a straw man. nobody is suggestin
pairs with it fast tax legislation tax reform. it replaces the discretionary cuts across the board with longer term reductions in mandatory spending. it would be nice to see the senate come up with sending to go to conference and hammer this out. that is a way to do this. the tax reform, as i mentioned will be really hard. on february 3rd of next year, the 16th amendment, that is my birthday, so everyone write it down, the 16th amendment will be 100 years old. that's what gave us income tax....
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Oct 8, 2012
10/12
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>> in the context of comprehensive tax reform everything should be looked at. we have to recognize we have a $1 trillion annual deficit. unless we deal with ways of getting revenue and cut spending we'll be in a bad situation in our country for quite some time. carried interest shouldn't be singled out. everything shoulgd be looked at. >> due agree it should be taken out. everything should be looked at. but with respect to carried interest. >> carried interest won't solve the problem. we have a $1 trillion annual deficit. carried interest would carry about one tenth of 1%. we should solve the deficit. >> it sounds like you say keep it. >> i'm saying look at everything but look at it in the context what it will kofl. our bigger is not carried interest it's the deficit and the $16 trillion of debt. that's a far greater problem. >> what would you do and what would you recommend whoever the next president do to solve the fiscal cliff crisis? >> first what i would recommend and again i was in government and i didn't solve all these problems so i'm not a person that
>> in the context of comprehensive tax reform everything should be looked at. we have to recognize we have a $1 trillion annual deficit. unless we deal with ways of getting revenue and cut spending we'll be in a bad situation in our country for quite some time. carried interest shouldn't be singled out. everything shoulgd be looked at. >> due agree it should be taken out. everything should be looked at. but with respect to carried interest. >> carried interest won't solve the...
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Oct 1, 2012
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. >> nobody likes taxes, but let's not raise anybody's taxes, ok? the fact is, businesses in america are paying the second highest tax rate of anywhere in the world. our business tax rate for america is seventh -- is 35%. ireland, is 11%. where will they go where they can create jobs and do the best for their business? we need to encourage business. of all times in america, we need to cut taxes, encourage business, create jobs, not spread the wealth around. >> that debate took place on october 15, 2008. and a reminder that the 2012 debate -- the first 2012 debate takes place this wednesday. and you can watch on c-span, listen on c-span radio, or watch on line. coming up come on the nevada senate debate. the incumbent and his challenger held their first debate. it is courtesy of kmpb tv. it is one of the closest races in the country. it is an hour. >> could evening. we have the incumbent and challenger who will face off in an hour-long debate. i am mitch fox from vegas cbs and i will serve as moderator. here is the format. each candidate will give a
. >> nobody likes taxes, but let's not raise anybody's taxes, ok? the fact is, businesses in america are paying the second highest tax rate of anywhere in the world. our business tax rate for america is seventh -- is 35%. ireland, is 11%. where will they go where they can create jobs and do the best for their business? we need to encourage business. of all times in america, we need to cut taxes, encourage business, create jobs, not spread the wealth around. >> that debate took place...
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a temporary tax holiday end january 1st. according to the "times" there's little desire by republicans or democrats to extend it. some 160 million americans will see their taxes jump by $1,000. >> britain's "guardian" reports a russian court put off appeal by a russian punk band. three members were sentenced to two years in prison for performing a song in cathedral criticizing vladimir putin. >>> the "los angeles times" says governor jerry brown signed a new law on sunday allowing hundreds of young undocumented immigrants to have drivers license. they were eligible for work permits under new obama policy. >> the ft. worth star tellgram said texas had two minor earthquakes. the first was 3.4. the second was 3.1. there was no major damage but after shocks are expected for the next few days. >> "usa today" says good-bye to an american classic. the bench seat in cars. the chevrolet impala is the last car with bench seats as an option. >>> take a look at this video from a typhoon that hit japan over the weekend. this car that was
a temporary tax holiday end january 1st. according to the "times" there's little desire by republicans or democrats to extend it. some 160 million americans will see their taxes jump by $1,000. >> britain's "guardian" reports a russian court put off appeal by a russian punk band. three members were sentenced to two years in prison for performing a song in cathedral criticizing vladimir putin. >>> the "los angeles times" says governor jerry brown...
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Oct 5, 2012
10/12
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it entirely with their tax deductions so we either have to increase taxes on the middle class or he would have to have his tax plan add to the deficit and he hasn't been willing to say where he compromised. >> rose: that's where the rubber meets the ground for him. >> though those are all totally legitimate critiques of governor romney's plan, but i think the governor romney is being held to kind of a double standard on these things. i mean, candidate obama opposed an individual mandate on healthcare and got into office and saw the realty reality of where the votes were and decided he was for an individual mandate. >> candidate obama won't tell us what he wants to do on social security and what his ideas are for a grand bargain with the republicans, so i think governor romney on this point, yes, if you take strictly what he said and what he hasn't said it is not cle how itdds up but don't think there any mystery that if he not elected his tax plan would be, would resellable this but there is a way to swear some of the inconsistencies and fill in some of the holes and maybe there wouldn't
it entirely with their tax deductions so we either have to increase taxes on the middle class or he would have to have his tax plan add to the deficit and he hasn't been willing to say where he compromised. >> rose: that's where the rubber meets the ground for him. >> though those are all totally legitimate critiques of governor romney's plan, but i think the governor romney is being held to kind of a double standard on these things. i mean, candidate obama opposed an individual...
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Oct 3, 2012
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taxes. so you could argue we're already past that tippingpoint. the good news is, survey after survey, poll after poll, still shows that we are a center-right, 70-30 country. 70% of the americans want the american dream. they believe the in the american idea. only 30% want the welfare state. what that tells us at least half of those people currently in that category are there not of their wish or their will. gregg: is this doubling down on the entitlement dependency argument? i know parenthetically our own "fox news poll" found 63% of the americans who indeed agree with the argument that too many folks in america are dependent on the government? >> i think absolutely. i think part of the reason why that tape from paul ryan is not all that surprising is that because of the comments that mitt romney made about the 47%. but whatever, i think that the larger point is that it's not going to be all that shocking because most americans actually agree there is this sort of, we have a problem with en
taxes. so you could argue we're already past that tippingpoint. the good news is, survey after survey, poll after poll, still shows that we are a center-right, 70-30 country. 70% of the americans want the american dream. they believe the in the american idea. only 30% want the welfare state. what that tells us at least half of those people currently in that category are there not of their wish or their will. gregg: is this doubling down on the entitlement dependency argument? i know...
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Oct 4, 2012
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i call it the economy tax. it has been crushing. >> the cand dates will meet again on october caneth for debate number two. and up first, the only vice-president debate between the respect and paul ryan. >> that's the one we all want to see. thank you so much. >> the president and mitt romney not veering from their messages and taking every chance they could to hit one another on the policies. >> i know that you and your running mate is saying that and it is popular thing to say but it is not the case. i got five boys and i am used to people saying something that is not always true but keeping on repeating it and hoping i will believe it. that's not the case. i will not reduce taxes paid by high income americans. >> the fact is, if you low are the rates the way you describe, governor, it is not possible to come up with enough deductions and loop holes that only affect high income individuals to avoid raising the deficit or burdening the middle class. it is math. it is arithmetic. >> don't forget you put 90 bill
i call it the economy tax. it has been crushing. >> the cand dates will meet again on october caneth for debate number two. and up first, the only vice-president debate between the respect and paul ryan. >> that's the one we all want to see. thank you so much. >> the president and mitt romney not veering from their messages and taking every chance they could to hit one another on the policies. >> i know that you and your running mate is saying that and it is popular...
WHUT (Howard University Television)
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Oct 6, 2012
10/12
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because 47%, he said didn't pay income taxes. but many of those people pay payroll taxes. many of those are young people, old people, after all, many of the older people may not be paying income taxes now but they paid their social security contributions. and now they're getting back what they paid for. so to say that they were freeloaders was really denigrating a lifetime of work that they had contributed to. >> rose: where is the federal reserve in all of this? >> the federal reserve obviously wasn't doing what it should have done in the years before the crisis. >> it was paying too much attention to interest rates and not enough attention to employment. >> that was one of the problems. it was not paying enough attention to what the banks were doing. one of the members of the fed actually talked about it. there is a housing bubble going on there is predatory lending going on. you should stop this because if you don't you're going to have a problem. >> greenspan and the rest of the board ignored it. and so that lead to the housing bubble. and predatory lending. the fed ha
because 47%, he said didn't pay income taxes. but many of those people pay payroll taxes. many of those are young people, old people, after all, many of the older people may not be paying income taxes now but they paid their social security contributions. and now they're getting back what they paid for. so to say that they were freeloaders was really denigrating a lifetime of work that they had contributed to. >> rose: where is the federal reserve in all of this? >> the federal...
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policy center explain that look these tax cuts no i'm serious i mean i didn't understand anybody had just me and i wasn't paying twenty percent go ahead well no no well i don't think he really understood the this is the thing or at least he hasn't shown that he does and this is what's confusing to a lot of people who are trying to understand all the bouncing ball and he's talking about basically a twenty percent federal task which he hopes to to make or says he will make revenue neutral by then closing some loopholes and deductions but the biggest deduction i can think of is is maybe mortgage credit and that sort of thing and i don't think you could ever come up with a number of mortgage credit actions that will make up for a twenty percent cut in revenue for the federal government so i think barack obama's trying to get at that equation you saying look the math doesn't work but the problem is that romney said it does you know read it talks about tax policy about like it was just like why don't you get this and the average person might be saying there is where mitt romney actually ha
policy center explain that look these tax cuts no i'm serious i mean i didn't understand anybody had just me and i wasn't paying twenty percent go ahead well no no well i don't think he really understood the this is the thing or at least he hasn't shown that he does and this is what's confusing to a lot of people who are trying to understand all the bouncing ball and he's talking about basically a twenty percent federal task which he hopes to to make or says he will make revenue neutral by then...
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Oct 4, 2012
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and the atm and the tax taxes, reduce dividend and capital gains taxes. that's 6 trillion. what he's saying tonight is he's going to pay for it by closing loopholes or preferences but won't tell you which ones. maybe the chain can capitalize on that as john said earlier, but i think it does beg the question, why couldn't barack obama capitalize on that. >> rose: kathy, you wanted to say something. >> charlie i was wondering halfway through the debate whether the campaign had made a strategic decision, the likability advantage that the president has is so valuable to them that they didn't want to jeopardize that by him attacking mitt romney and coming across as unlikeable or less likeable, because you know it was astonishing that he didn't go after mitt romney. i was just talking to david -- in the room just a couple minutes ago, he made the case far more convincingly, far more aggressively and concisely for what president obama was trying to lay out the next four years than obama himself did up on the stage. i mean there was just time and again mitt romney managed to seize
and the atm and the tax taxes, reduce dividend and capital gains taxes. that's 6 trillion. what he's saying tonight is he's going to pay for it by closing loopholes or preferences but won't tell you which ones. maybe the chain can capitalize on that as john said earlier, but i think it does beg the question, why couldn't barack obama capitalize on that. >> rose: kathy, you wanted to say something. >> charlie i was wondering halfway through the debate whether the campaign had made a...
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Oct 3, 2012
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the whole business community will be talking about tax reform and the corporate income tax rate is crazy no matter your ideological view of the income-tax. it is crazy to be hurting american business when competing with businesses abroad. everything inspiring -- i do think the president will be in the strong position to shape the agenda which ever man is president. including the senate. and to stop the newly elected president or newly reelected president on core parts of the agenda. >> in all likelihood president obama will be reelected and if he is reelected than if there is a good likelihood that the senate will narrowly, narrowly state democratic is almost certain that the house will stay with the republican majority. these -- we just knew at the end of the day, the last hour the adults would get together and everybody would give some and workout. much more nervous now. these are very big stakes. the business community coming in hard saying you've got to step up and republicans got to make some compromises and democrats -- if you want jobs, you will do this. then there will be -- we w
the whole business community will be talking about tax reform and the corporate income tax rate is crazy no matter your ideological view of the income-tax. it is crazy to be hurting american business when competing with businesses abroad. everything inspiring -- i do think the president will be in the strong position to shape the agenda which ever man is president. including the senate. and to stop the newly elected president or newly reelected president on core parts of the agenda. >> in...
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Oct 1, 2012
10/12
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WUSA
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that's the same tax charged in d.c. restaurants. before the new tax food truck operators paid the city a $1,500 flat rate every year. >>> you may not be familiar with his face, but you'll know his cartoon. coming up we'll introduce you to the host of this year's oscar. >> 50 years ago james meredith was admitted to the university of mississippi. i'm randall pinkston in oxford as ole miss marks a dramatic moment that changed the school and the state. >> i'm matt jablow. coming up a man with deep ties to professional baseball in washington reflects on the nationals' success, that story straight ahead. >>> welcome back to nats park. i'm derek mcginty. we are live here where the washington nationals will take on the philadelphia phillies in less than two hours. if they can win this 1 game, they will clinch the national -- one game, they will clinch the national game east and roll into the playoffs. we heard the gates are now open, so the washington national fans will begin to stream in. i even see a couple of folks here right now. they'
that's the same tax charged in d.c. restaurants. before the new tax food truck operators paid the city a $1,500 flat rate every year. >>> you may not be familiar with his face, but you'll know his cartoon. coming up we'll introduce you to the host of this year's oscar. >> 50 years ago james meredith was admitted to the university of mississippi. i'm randall pinkston in oxford as ole miss marks a dramatic moment that changed the school and the state. >> i'm matt jablow....
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Oct 4, 2012
10/12
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FOXNEWS
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mitt romney said he would the no raise taxes to pay for his tax cuts. he said he was going to cut spending. even said that there would be a grade. he will not borrow money to pay for a program. he said he would cut pbs and big bird. he was very specific about what he would do. in certain places though romney questioned obama and obama just looked at him, when obama said basically you get a tax cut or a tax deduction for moving jobs overseas. mitt romney said i've been in business last 25 years, i don't know what you're talking about. basically obama was vague last night. but romney came with specifics. jon: cory, you described the debate as being sort of very specific and bordering on wonky but isn't that what people are looking for right now? aren't they looking for specifics and numbers and ideas here? >> i think you're absolutely right about that. always interesting to me tv commentators and others complain how debates and political discourse is boring and turning american people off whether this is exactly the time they should pay close attention. w
mitt romney said he would the no raise taxes to pay for his tax cuts. he said he was going to cut spending. even said that there would be a grade. he will not borrow money to pay for a program. he said he would cut pbs and big bird. he was very specific about what he would do. in certain places though romney questioned obama and obama just looked at him, when obama said basically you get a tax cut or a tax deduction for moving jobs overseas. mitt romney said i've been in business last 25 years,...
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Oct 9, 2012
10/12
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FOXNEWSW
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romney again said that he would eliminate the estate tax, the so-called death tax and went further as he has on occasion during this campaign to say that he would eliminate capital gains and interest in dividends taxes on the middle class. all in an attempt to spur the economy. shep. >> shep: carl, what's the thinking on governor romney's bounce in the polls since that first big debate? >> they are very pumped here. the romney campaign is quite excited. they say there is more to come. they're building and talking about their ground game, grassroots, 4 million people have been contacted here in ohio alone. 4 1/2 million. that's more than a third of the overall population. the polls have ticked up. romney has closed the gap, leading in some of the national polls, within the mar i didn't know of error, and in most of the battle ground states, he's either closed the gap and in a couple of cases, gone up by a point or two. these are swings in the polls. he's eliminated any bounce the president had gotten from his convention with the own bounce he got last week. with the vice presidential d
romney again said that he would eliminate the estate tax, the so-called death tax and went further as he has on occasion during this campaign to say that he would eliminate capital gains and interest in dividends taxes on the middle class. all in an attempt to spur the economy. shep. >> shep: carl, what's the thinking on governor romney's bounce in the polls since that first big debate? >> they are very pumped here. the romney campaign is quite excited. they say there is more to...
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Oct 2, 2012
10/12
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KPIX
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>> it's truchlt it's never about tax rates. it's never about foreign policy. it's about the kind of revelations of character and personality and disposition and temperament. you can see often how people hold themselves on screen. during the primary debates you often saw mitt romney standing calmly and relaxed while these other people were skabling among each other. the famous case of john kennedy and richard nixon in 1960, even reagan and carter in 1980, the confidence and ease that ronald reagan projected and jimmy carter looked defensive. that's the impression that often lasts. >> even al gore and george w. bush is a good example of body language so much during those debates. al gore was up in the polls and had a series of very poor debate performances. >> al gore had been a very effe effective, aggressive debater. he was seen in the first debate as too aggressive. the sighs and the rest. in the second debate he was almost too laid back. by the third he had a just right approach by that time. those performances and all the other factors in the 2000 election
>> it's truchlt it's never about tax rates. it's never about foreign policy. it's about the kind of revelations of character and personality and disposition and temperament. you can see often how people hold themselves on screen. during the primary debates you often saw mitt romney standing calmly and relaxed while these other people were skabling among each other. the famous case of john kennedy and richard nixon in 1960, even reagan and carter in 1980, the confidence and ease that...
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Oct 2, 2012
10/12
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FOXNEWSW
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we are without a sales tax and income tax. people understand here that financial decisions have consequences. i can recall in 2000 when john mccain talked about the debt and the deficit the bush campaign at the time said what is he talking about? john mccain beat george bush here by 20 minutes in that prime rare re. bush retooled his message and barely won new hampshire by talking about the debt and the deficit. gregg: kevin in 2010 the last election there, if i understand it, if i recall correctly i think republicans won almost every office, but that doesn't mean it's going to happen that way this year, the pendulum could begin to swing in the other direction? >> that's correct. we had the largest republican sweep for a legislature of any state in the country in 2010. four years earlier in 2006 the democrats took control of the legislature at all levels of power for the first time since the civil war. we are used to this pendulum swinging back and forth. 2000 goes to george w. bush narrowly. 2004 john kerry wins the state nar
we are without a sales tax and income tax. people understand here that financial decisions have consequences. i can recall in 2000 when john mccain talked about the debt and the deficit the bush campaign at the time said what is he talking about? john mccain beat george bush here by 20 minutes in that prime rare re. bush retooled his message and barely won new hampshire by talking about the debt and the deficit. gregg: kevin in 2010 the last election there, if i understand it, if i recall...
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Oct 1, 2012
10/12
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CSPAN
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the -- there is a 4.8% tax, an additional 0.9% on your medicare tax. when does that, if you combine it, it is almost 5% increase without reversing of the bush tax cut. >> it is a substantial tax increase. >> for people like us with substantial incomes. >> i am the tax cut. the part of that i would endorse is the increase in the medicare tax. it is on pleasant and it is unpalatable. that is step one. >> what will the average person pay for their medicare tax a month for how long and when to get the 0.9% added? >> it is a good question. >> is added after one to $25,000? >> i think it is added after $200,000, or $250,000. i am not sure. right now, the medicare taxes 1.45% on all of your salary income. it would go to 2.35%. >> both sides talk about the $750 billion savings. [laughter] who is right? >> we had both become incredibly frustrated. it has to do with the way this is talked about in washington. it has nothing to do with what real people talk about with real money in their lives. the current projection is medicare spending would increase by hundred
the -- there is a 4.8% tax, an additional 0.9% on your medicare tax. when does that, if you combine it, it is almost 5% increase without reversing of the bush tax cut. >> it is a substantial tax increase. >> for people like us with substantial incomes. >> i am the tax cut. the part of that i would endorse is the increase in the medicare tax. it is on pleasant and it is unpalatable. that is step one. >> what will the average person pay for their medicare tax a month for...
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payroll tax, real estate tax, gas tax, on and on and on. the president raises the rates to 5%, most businesses work on 5% or 8%. how much more can they sustain? that reduces jobs, kills us. neil: that's your point; right, dave? >> exactly. you know, there's no 5% there. our goal is 2 #.5%, neil. our goal -- >> if we're lucky. neil: goal is 2.5% -- >> in a good economy. 2.5% net in a good economy in the business we do today. add 5% there -- >> you're done. >> 2.5% in the red, that's right. neil: if you hear mitt romney saying i'm going to essentially get off your back, going to roll back regulations. he was not specific which, make sure the government cools it on taxes, didn't say to the degree of what allowances and writeoffs and deductions he limits, were you either troubled by the fact it might be a wash? that you, for example, in your case for your catering business, you might see, butch, no tax savings at all, but you might have a lower rate, but can't deduct as much. >> that will kill us. without disposable income for me to spend or gr
payroll tax, real estate tax, gas tax, on and on and on. the president raises the rates to 5%, most businesses work on 5% or 8%. how much more can they sustain? that reduces jobs, kills us. neil: that's your point; right, dave? >> exactly. you know, there's no 5% there. our goal is 2 #.5%, neil. our goal -- >> if we're lucky. neil: goal is 2.5% -- >> in a good economy. 2.5% net in a good economy in the business we do today. add 5% there -- >> you're done. >> 2.5%...
WHUT (Howard University Television)
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Oct 4, 2012
10/12
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WHUT
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that is otherwise known as a poll tax, during the jim crow era. in texas, only 81 of 254 counties in texas have a dmv. if you cannot have idea and you live and accounting without i.d., how are you supposed to get to an office in texas to be able to get an i.d.? there are a lot of problems in practicalities obtain this i.d. you have states that are rushing to implement these laws and are implementing them in 2012. you have a lot of commissions, the carter-baker commission after the 2000 election that says that need to wake two election cycles to implement this idea to make sure everything happens. the last thing i would say is of a vote is not like getting on an airplane or buying sudafed. it is a right that many people have died for in this country, that people have blood for in this country. anytime we restrict their right to vote, particularly on the basis of race or class, we should be very, very, very careful about doing it and only do it if there is a pressing need to do so. my feeling is there is no reason to have this kind of government- is
that is otherwise known as a poll tax, during the jim crow era. in texas, only 81 of 254 counties in texas have a dmv. if you cannot have idea and you live and accounting without i.d., how are you supposed to get to an office in texas to be able to get an i.d.? there are a lot of problems in practicalities obtain this i.d. you have states that are rushing to implement these laws and are implementing them in 2012. you have a lot of commissions, the carter-baker commission after the 2000 election...
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Oct 2, 2012
10/12
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WBAL
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goes over the so-called fiscal cliff in january, it will cost almost 90% of americans more in taxes for a total of $536 billion. taxes for a typical middle income family making 40 to $64,000 a year could go up by $2,000. >>> in california, governor jerry brown signed a bill that would allow half a million young illegal immigrants who qualify for the federal work permit program to obtain driver's licenses. >>> near hong kong at least 36 people were killed when a boat filled with holiday party goers collidewide a ferry and sank. it is the deadliest accident there in years. >>> a house in clam mouth falls, oregon, that was sold this summer turned out to be a meth lab. it had toxic chemicals 80 times. the family who bought the foreclosed house from the government got sick and now has few options. >>> the white house is lit up in pink to mark october as breast cancer awareness month. new york's empire state building is also bathed in pink. and even buckingham palace in london has gone pink to support the breast cancer awareness campaign >>> and now here's an early look at how wall street's g
goes over the so-called fiscal cliff in january, it will cost almost 90% of americans more in taxes for a total of $536 billion. taxes for a typical middle income family making 40 to $64,000 a year could go up by $2,000. >>> in california, governor jerry brown signed a bill that would allow half a million young illegal immigrants who qualify for the federal work permit program to obtain driver's licenses. >>> near hong kong at least 36 people were killed when a boat filled...
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Oct 5, 2012
10/12
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CSPAN
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they do now what people taxed more. if you tax small businesses, they will not hire. i do not know how you can figure out what mitt romney said so eloquently in the debate by talking about the 1% -- he wants the best for all folks. we want people married and taking care of their children and paying for taxes. guest: we will give katrina a chance to respond. guest: married will provoke the well-being of a couple of children. it is great. it is not just that. it is part of the equation. without good jobs, without insuring that workers have a rights at a time when big business is so powerful, without doing small things that have happened around this country and has taken too much effort, women, families, without early child care, without a set of the kind of community coming together to lift up families, marriage is not sufficient. i think to reduce it to that is too simplistic. no one is saying that marriage is not important, but it is not only factor in building a healthy family that is doing well. the fact that our jobs today is a terrible problem. i would link it to
they do now what people taxed more. if you tax small businesses, they will not hire. i do not know how you can figure out what mitt romney said so eloquently in the debate by talking about the 1% -- he wants the best for all folks. we want people married and taking care of their children and paying for taxes. guest: we will give katrina a chance to respond. guest: married will provoke the well-being of a couple of children. it is great. it is not just that. it is part of the equation. without...
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Oct 7, 2012
10/12
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FOXNEWSW
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a battle over $5 trillion, your tax dollars, president obama says a tax cut by the governor would roll out benefits to only the wealthiest americans at the cost of the middle class. romney says, no matter how many times the president says it it is not true. who is telling the truth? i'm shannon bream, live in washington. we have representatives from both sides of the aisle. rnc chairman, reince priebus and dnc chairwoman, debbie wasserman-schultz. welcome. we start in washington with reince priebus. i want to talk about the unemployment numbers for september, 7.8%, the lowest since president obama has been in office. he said, you can't turn back now, america is moving in the right direction. has he made a case that we are seeing recovery? >> not at all. first of all, we will let the economists argue over the numbers. i know people are arguing over how you can could have 900,000ions found, a month before the election. i will let them argue about that. if it's all true and it all works out and it's not adjusted downward if a month, i think it's great for the country to see improvement in
a battle over $5 trillion, your tax dollars, president obama says a tax cut by the governor would roll out benefits to only the wealthiest americans at the cost of the middle class. romney says, no matter how many times the president says it it is not true. who is telling the truth? i'm shannon bream, live in washington. we have representatives from both sides of the aisle. rnc chairman, reince priebus and dnc chairwoman, debbie wasserman-schultz. welcome. we start in washington with reince...
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Oct 3, 2012
10/12
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FOXNEWS
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he's going to press him from very specifics on your tax program and what you're going to phase out as far as deductions are concerned, all of that. is the governor going to be able to parry, can he parry? can he think fast enough on his feet to block inevitably what's going to come his way? >> he absolutely can. if you remember the debates with newt gingrich, speaker gingrich was challenging him on his immigration policy. he was really going after him about deporting grandmothers and he thought on his feet and came back with a great response. we can't deport 11 million grandmothers. there aren't 11 million grandmothers that we're deporting. so he can. he can retort. what the governor has got to do, it's not about parrying, it's about going on offense. it's about starting the debate on offense and finishing the debate on offense. >> bill: remember, though, because i've debated barak obama twice, i mean, he's not jimmy carter. reagan was the template who destroyed carter. but obama is much quicker than jimmy carter was. now, i don't think mitt romney is a confrontational man, am i corre
he's going to press him from very specifics on your tax program and what you're going to phase out as far as deductions are concerned, all of that. is the governor going to be able to parry, can he parry? can he think fast enough on his feet to block inevitably what's going to come his way? >> he absolutely can. if you remember the debates with newt gingrich, speaker gingrich was challenging him on his immigration policy. he was really going after him about deporting grandmothers and he...
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Oct 2, 2012
10/12
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CNBC
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our borrowing is going up, our deficit is going up because you've not got people at work paying tax. so there's been a right of myth for two years the only way to get the deficit down is through spending cuts and tax riders. the faster you go, the better. it's not worked in britain. and i'm afraid we're making a 1930 mistake all over again. >> it's easy their position to say this plan's not working, but the coalition with the conservative party with the junior partner very much sticking to plan a even these in some circles particularly in labor circles it's not proven to be particularly popular. and i think they'll try to play up his working class credentials because the leading conservative party very much has this posh boy image. lots of educated members of the cabinet. it's pretty hard for the average working class britt to at that time message from someone they perceive to be wealthy independently. >> not that they're putting necessarily any -- the thing is, you're 2, 2 1/2 years on out from an election, so in need for any policies. >> no, for quite some time. and the conservativ
our borrowing is going up, our deficit is going up because you've not got people at work paying tax. so there's been a right of myth for two years the only way to get the deficit down is through spending cuts and tax riders. the faster you go, the better. it's not worked in britain. and i'm afraid we're making a 1930 mistake all over again. >> it's easy their position to say this plan's not working, but the coalition with the conservative party with the junior partner very much sticking...
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Oct 9, 2012
10/12
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CSPAN2
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the government can deny you tax-exempt status. even though it does involve your religious beliefs because there are some rules for the civil society and secular society and we are found on the principle that we get to have a organized non-chaotic government even if it does infringe on the religious belief as long as we are not targetting a religion a lot of what is going on with this birth control argument that the churches are wanting from the government have constitutional implications and with that i'm going to turn over to charlie who knows about that much more than i do. [applause] i don't know a darn thing about law. [applause] i and addressing this issue of women's economic rights to the right of contraceptive health care coverage in the light of the demands of religious liberty. so, some of the things we've talked about. in my judgment it's been understood in this country has been pointed out it's important but it can conflict with other rights. so therefore i also distinguish between religious liberty and the very strict
the government can deny you tax-exempt status. even though it does involve your religious beliefs because there are some rules for the civil society and secular society and we are found on the principle that we get to have a organized non-chaotic government even if it does infringe on the religious belief as long as we are not targetting a religion a lot of what is going on with this birth control argument that the churches are wanting from the government have constitutional implications and...
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our taxes are just too low. we need higher taxes on wealthier people. >> we need jobs. >> there's not going to be a shortage of capital, there's plenty of capital, it's just awash in capital and that's not the problem. >> our problem is not-- is not that taxes are too low, they're not. because if they were lower we'd get more jobs and more revenue, that's exactly what we need, ben, let me tell you something, you raise taxes we're going back-- >> absolutely. i couldn't agree with that more. and the deficit gets with bigger and the deficit gets bigger. >> raise taxes and-- >> we've got, okay, adam. can you break this? what do you think? which side are you on here, a fiscal cliff, how do we address this, higher taxes, lower taxes? >> we won't have a sequester for more than a few days. i can see it happening, but it won't last very long. what we have to have higher taxes. >> no, come on. >> and we know that, we will. >> all right i tell you what-- >> you know what, we'll have double dip recession. >> we may be going
our taxes are just too low. we need higher taxes on wealthier people. >> we need jobs. >> there's not going to be a shortage of capital, there's plenty of capital, it's just awash in capital and that's not the problem. >> our problem is not-- is not that taxes are too low, they're not. because if they were lower we'd get more jobs and more revenue, that's exactly what we need, ben, let me tell you something, you raise taxes we're going back-- >> absolutely. i couldn't...